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Jury’s $920 million trade secret misappropriation verdict vacated

  • Seyfarth Shaw LLP
  • -
  • USA
  • -
  • April 9 2014

In a stunning per curiam ruling, the Fourth Circuit Court of Appeals last week vacated a judgment of nearly $1 billion, and a 20-year non-compete

California federal court holds that trade secret misappropriation defendant need not respond to plaintiff's discovery requests until provided with identification of information claimed to have been stolen

  • Seyfarth Shaw LLP
  • -
  • USA
  • -
  • January 12 2012

The trend of some recent judicial decisions seems to reflect an increasing concern by courts that, notwithstanding trade secret misappropriation plaintiffs’ understandable reluctance to disclose proprietary information in more detail than absolutely necessary, they must describe with considerable specificity whatever is alleged to have been purloined

Texas Appellate Court affirms multi-million dollar jury verdict for trade secret misappropriation in gas drilling dispute

  • Seyfarth Shaw LLP
  • -
  • USA
  • -
  • January 10 2014

Under Texas law, disclosure of a trade secret to potential investors to enable them to decide whether to invest does not destroy secrecy. Those who

Energy employment update: Texas trade secret update for energy employers

  • Seyfarth Shaw LLP
  • -
  • USA
  • -
  • January 17 2014

Seismic information about potential oil and gas reservoirs and other sensitive data are regularly used by energy companies to make business decisions

If confidential information constituted a trade secret on the date it was misappropriated, the misappropriation is actionable

  • Seyfarth Shaw LLP
  • -
  • USA
  • -
  • October 4 2012

A district court for the Eastern District of Wisconsin recently held that even though misappropriated information no longer was a trade secret on the date the wrongdoer was sued, a misappropriation lawsuit may be maintained if the information qualified as a trade secret on the date of the wrongdoing

Alabama federal court issues decision regarding measuring the “amount in controversy” when the plaintiff’s state court trade secret misappropriation complaint is silent as to the amount of damages and the defendant removes the case to federal court

  • Seyfarth Shaw LLP
  • -
  • USA
  • -
  • August 23 2012

A recent Alabama federal court decision discusses how to determine the “amount in controversy” when a state court trade secret misappropriation case is removed to federal court based on diversity of citizenship, but the complaint is silent as to the amount of damages demanded

Federal Appellate Court finds motion to enjoin disclosure of confidential information should not be denied merely because the same information could have been acquired lawfully

  • Seyfarth Shaw LLP
  • -
  • USA
  • -
  • October 28 2013

The United States Court of Appeals for the Fifth Circuit, reversing a trial court's refusal to enter an order enjoining disclosure of confidential

“Prior restraint” doctrine may preclude enjoining a newspaper from publishing misappropriated trade secrets

  • Seyfarth Shaw LLP
  • -
  • USA
  • -
  • September 3 2012

A reporter for a business publication somehow obtained information contained in a privately held company’s confidential interim financial statements

Considerations in determining whether to grant to a prevailing trade secret misappropriation plaintiff a permanent injunction in addition to substantial damages

  • Seyfarth Shaw LLP
  • -
  • USA
  • -
  • August 7 2012

When a plaintiff alleging trade secret misappropriation obtains a judgment for substantial damages, the award may serve solely to compensate for past wrongs, or it may redress both past and future injuries

Michigan court orders corporation to reveal facts regarding potential misappropriation

  • Seyfarth Shaw LLP
  • -
  • USA
  • -
  • April 1 2011

Entities do not have the right to claim a privilege against self-incrimination